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Business & Finance

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Ecosse Subsea Systems Marks 16th Anniversary with Turnover Increase (UK)
Business & Finance

Ecosse Subsea Systems Marks 16th Anniversary with Turnover Increase (UK)

Subsea UK News reports that Aberdeen-based Ecosse Subsea Systems has marked its 16th anniversary with news they have received two … SubseaUK [mappress] Source: SubseaUK, September 20, 2011;

about 15 years ago
UAE: DP World Chairman Welcomes UK Trade and Investment Minister at Jebel Ali Port
Business & Finance

UAE: DP World Chairman Welcomes UK Trade and Investment Minister at Jebel Ali Port

Cooperation and ongoing projects were at the centre of talks yesterday between DP World Chairman HE Sultan Ahmed Bin Sulayem and UK Minister for Trade and Investment, Lord Stephen Green, at the company’s Head Office in Jebel Ali. Lord Green, who is currently on an official visit to the UAE, toured t

about 15 years ago
Teledyne Wins High-Power Subsea Interconnect Development Contract for Brazilian Project
Business & Finance

Teledyne Wins High-Power Subsea Interconnect Development Contract for Brazilian Project

Teledyne Technologies Incorporated today announced that its Teledyne Oil & Gas group was awarded a development contract from Cameron do Brasil Ltda, a subsidiary of Cameron International Corporation , to design and deliver a subsea high-power electrical interconnect system for a deepwater oil field

about 15 years ago
CGGVeritas Provides Better Insight to Geology of Alaminos Canyon Area
Business & Finance

CGGVeritas Provides Better Insight to Geology of Alaminos Canyon Area

CGGVeritas has completed the processing of its Three Corners Extension Wide-Azimuth (WAZ) survey. The deliverables for the multi-client survey, located in the Western Gulf of Mexico, include Prestack Depth Migrated (PSDM) VTI RTM, Controlled Beam and Kirchhoff volumes. The survey extends the origina

about 15 years ago
USA: CGGVeritas Completes Processing of Three Corners Extension 3D Wide-Azimuth Survey
Business & Finance

USA: CGGVeritas Completes Processing of Three Corners Extension 3D Wide-Azimuth Survey

CGGVeritas has completed the processing of its Three Corners Extension Wide-Azimuth (WAZ) survey. The deliverables for the multi-client survey, located in the Western Gulf of Mexico, include Prestack Depth Migrated (PSDM) VTI RTM, Controlled Beam and Kirchhoff volumes. The survey extends the origina

about 15 years ago
Australia: GE Oil & Gas Lands Prelude FLNG Gig
Business & Finance

Australia: GE Oil & Gas Lands Prelude FLNG Gig

GE Oil & Gas has entered into an agreement with Technip to supply two steam turbine-driven compressors for the Shell Prelude Floating Liquefied Natural Gas (FLNG) project. The facility, which is to be based offshore Australia, will be the largest floating offshore facility in the world. Technip and

about 15 years ago
USA: Forum Subsea Solutions Announces Sale of Super Mohawk II ROV System to Abyss International
Business & Finance

USA: Forum Subsea Solutions Announces Sale of Super Mohawk II ROV System to Abyss International

Forum Subsea Solutions, a division of Forum Energy Technologies, announces the sale of a Sub-Atlantic, Super Mohawk II ROV (Remotely Operated Vehicle) system to Abyss International Benthic Exploration S.A.R.L. of Montpellier, France. The Super Mohawk II is an excellent general purpose professional R

about 15 years ago
GE Inks Contract to Help OGX Develop Oil Fields Offshore Brazil
Business & Finance

GE Inks Contract to Help OGX Develop Oil Fields Offshore Brazil

GE Oil & Gas has been awarded a major contract from OGX Petróleo e Gás Ltda. to supply drilling and production equipment for three offshore fixed production platforms to be deployed in the Waimea and Waikiki oil and gas fields of the Campos Basin, offshore Brazil, where OGX plans to drill a signific

about 15 years ago
Brazil: GE Oil & Gas to Supply Drilling and Production Equipment for OGX’s Campos Basin Projects
Business & Finance

Brazil: GE Oil & Gas to Supply Drilling and Production Equipment for OGX’s Campos Basin Projects

GE Oil & Gas has been awarded a major contract from OGX Petróleo e Gás Ltda. to supply drilling and production equipment for three offshore fixed production platforms to be deployed in the Waimea and Waikiki oil and gas fields of the Campos Basin, offshore Brazil, where OGX plans to drill a signific

about 15 years ago
Finland: Wartsila DF Engines Exceed 3 Million Running Hours
Business & Finance

Finland: Wartsila DF Engines Exceed 3 Million Running Hours

Wärtsilä’s dual-fuel engines have exceeded 3 million running hours in both land-based and marine applications. This milestone represents a dual-fuel technology track record that cannot be matched by any other engine manufacturer. Wärtsilä, a global leader in complete lifecycle power solutions for th

about 15 years ago
NIB Loans USD 328m to Dong Energy for Anholt Offshore Wind Park (Denmark)
Business & Finance

NIB Loans USD 328m to Dong Energy for Anholt Offshore Wind Park (Denmark)

The Nordic Investment Bank (NIB) and Danish energy company DONG Energy have signed a loan totalling EUR 240 million ($328 million) for financing the Anholt offshore wind farm. The loan has a maturity of 10 years and will partly finance the construction of what will become one of the world’s largest

about 15 years ago
Norway: Eitzen Chemical to Terminate Two Charterparties
Business & Finance

Norway: Eitzen Chemical to Terminate Two Charterparties

Eitzen Chemical ASA reports that it has negotiated the cancellation of two operational bareboat leases for the vessels Sichem Pandora and Sichem Padua, both coated 9,200 dwt, built in 1994 and 1993, respectively. The Company will pay cash cancellation compensation to the owner of approximately USD 2

about 15 years ago
Argos Resources to Begin Offshore Exploration Activities in Falkland Islands
Business & Finance

Argos Resources to Begin Offshore Exploration Activities in Falkland Islands

Falkland Islands exploration company Argos Resources released Monday morning interim results and CEO Ian Thomson told investors that the … (mercopress) [mappress] Source: mercopress, September 20, 2011;

about 15 years ago
Alstom to Lower Capital Cost of Offshore Wind Turbines (USA)
Business & Finance

Alstom to Lower Capital Cost of Offshore Wind Turbines (USA)

Alstom and several prominent US-based research institutions have been awarded a $4.1 million grant from the U.S. Department of Energy (DOE) to research and develop advanced control systems and integrated innovative sensors that increase energy production and lower the capital cost of offshore wind t

about 15 years ago
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